Colfax Golf Course Foundation
Colfax Golf Course Foundation operates at a deficit, with declining assets but no liabilities and zero officer compensation.
EIN: 205881774 · Colfax, WA · NTEE: N6A · Updated: 2026-03-28
Is Colfax Golf Course Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colfax Golf Course Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colfax Golf Course Foundation
Colfax Golf Course Foundation (EIN: 205881774) is a nonprofit organization based in Colfax, WA, classified under NTEE code N6A. The organization reported total revenue of $179K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colfax Golf Course Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Colfax Golf Course Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Colfax Golf Course Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is 0% of expenses for both 2022 and 2023, indicating a volunteer-led organization, which is highly efficient for an organization of its size with revenues around $179,197.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Colfax Golf Course Foundation's IRS 990 filings:
- Consistent operating deficits in both reported periods (2023: $228,825 expenses vs $144,084 revenue; 2022: $262,303 expenses vs $213,915 revenue)
- Significant decline in assets from $158,214 in 2022 to $73,473 in 2023
Strengths
The following positive indicators were identified for Colfax Golf Course Foundation:
- Zero officer compensation, indicating volunteer leadership and high efficiency
- No reported liabilities in either fiscal period, suggesting good debt management
- Strong program focus, with a high percentage of spending likely directed to its mission
Frequently Asked Questions about Colfax Golf Course Foundation
Is Colfax Golf Course Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Colfax Golf Course Foundation (EIN: 205881774) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Colfax Golf Course Foundation spend its money?
Colfax Golf Course Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Colfax Golf Course Foundation tax-deductible?
Colfax Golf Course Foundation is registered as a tax-exempt nonprofit (EIN: 205881774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Colfax Golf Course Foundation financially sustainable given its operating deficits?
The organization has consistently spent more than it earned in both 2022 and 2023, leading to a reduction in assets. While it has no liabilities, this trend is not sustainable long-term without increased revenue or reduced expenses.
How does the lack of officer compensation impact the organization?
The 0% officer compensation indicates a volunteer-driven leadership, which significantly reduces administrative overhead and allows more funds to be directed towards its programs, enhancing donor confidence and efficiency.
What caused the significant decrease in assets from 2022 to 2023?
Assets decreased from $158,214 in 2022 to $73,473 in 2023. This decline is likely a direct result of the organization's operating deficits in both periods, where expenses exceeded revenue.
Filing History
IRS 990 filing history for Colfax Golf Course Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Colfax Golf Course Foundation's revenue has declined by 32.6%, moving from $214K to $144K. Total assets decreased by 53.6% over the same period, from $158K to $73K. Total functional expenses fell by 12.8%, from $262K to $229K. In its most recent filing year (2023), Colfax Golf Course Foundation reported a deficit of $85K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $229K | $73K | $0 | — | View 990 |
| 2022 | $214K | $262K | $158K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Colfax Golf Course Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.